The recent smackdown notwithstanding, precious metals continue demonstrating price strength as investors set their sights on safe-haven assets. Inflation is running way hot, hitting a 40-year high of 7.5%, and tensions along the border of Russia and Ukraine have the world on edge. The combination of high inflation, accelerating geopolitical uncertainty, volatility in general equities, […]
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Posted inSilver
A new addition to the Highballer list – Apollo Silver (APGO.V)
Precious metals have gone on a serious tear in recent sessions, led by silver. This sector is marked by a seemingly endless series of bull traps. A successful test of the $25.00 level would add validity to this move. The fundamentals underpinning firmer metals prices are obvious—debt levels that have taken on a surreal quality, […]
Posted inGold
Precious Metals on a Tear – a Roundup of Companies Worth a Close Look Plus a Forum Energy Metals Update
Gold is on a tear, carving out fresh all-time highs as a matter of routine. Short-term (shallow) corrections aside, the metal’s momentum has been impressive, up roughly 27% since the start of the year. Where the equities are concerned, the Bigs appear to be under steady accumulation as per the GDX (chart below). Many of […]
Posted inExploration and Development
A mid-May Highballer Roundup featuring Patriot (PMET.V), Prime (PRYM.V), i-80 (IAU.TO), Teuton (TUO.V), Goldseek (GSK.C), Forum (FMC.V), HighGold (HIGH.V), Arizona Metals (AMC.TO) and others
If you’re inclined to wager bets in this high-risk/high-reward arena, I don’t need to tell you how compelling the current set-up is for medium to long-term (high-quality) exploration and development plays. And the potential is not just in gold and silver—it runs the (metals) gamut. It’s fair to say that, as a society, we’ve been […]
Posted inExploration and Development
A Highballer Roundup for December 6 featuring a host of names – familiar and new
I’ll dispense with my usual preamble blather, cept to say… Gold stocks, as per the GDX, are up roughly 30% from their 2022 lows. Gold stocks are stronger than all other major indexes. The GDXJ is up closer to 40% from its 2022 low. My point: this recent breakout could mark the initial stages of […]
Posted inExploration and Development
A Nov. 8 Highballer report updating the companies on our list PLUS a few new names that may represent good value at this juncture
Just as Gold appeared to be in the process of breaking major support last week, it staged a dramatic reversal after tagging a fresh 52-week low. On the weekly chart, it staged an outside reversal (taking out the previous week’s low and closing above the previous week’s high). Interesting price action. As has been the […]
Posted inExploration and Development
A Highballer update for August 2, 2022 – Is It Go Time?
The last few weeks have been hectic. In the wake of last week’s .75% rate hike, gold formed a higher low on the charts. But will it stick? If the Fed’s bullying tactics towards the inflationary spiral have run their course—if they’ve exacted enough shock value via these high-handed three-quarter-point rate hikes—it could be game […]
Posted inExploration and Development
Carnage in the junior exploration arena – risk vs reward
For all the years I’ve been following the junior sector, since my mid-teens, I’m hard-pressed to trot out a meaningful list of companies that succeeded in transitioning from ‘junior explorer‘ to ‘junior producer.’ Probing our planet’s subsurface layers to generate an economic mineral resource requires a very particular set of skills. Navigating the complex permitting […]